The Heartland Institute’s Donald Kendal, Jim Lakely, Justin Haskins, and Chris Talgo present episode 395 of the In The Tank Podcast. There have been a slew of articles recently suggesting the U.S. Dollar is quickly losing its status as world reserve currency. How likely is this and how will it effect you? The ITT crew discusses this important topic. Also, is it just a coincidence that this development is occurring at the same time as plans for the “digital dollar” ramp up? How quickly are we approaching a world where you don’t even own the money you use on a daily basis?
OPENING CHIT CHAT – TUCKER CARLSON & FOX NEWS
The Federalist – The Worst People On Earth Are All Celebrating Tucker’s Ousting
PRIMARY TOPIC – DIGITAL DOLLAR: WHEN YOU DON’T OWN MONEY
Fox News – Biden administration is quietly planning for a future where you don’t own money
Fortune – FedNow is set to launch in July. What the instant payment service could mean for a digital dollar and stablecoins
NYT – The Weird New War on ‘Woke’ Money
SECONDARY TOPIC – DOLLAR LOSING WORLD RESERVE CURRENCY STATUS?
Fox Business – Could the US dollar lose its reserve currency status to China?
Markets Insider – The dollar’s dominance as a reserve currency eroded last year at 10 times the pace seen in the past 2 decades
NYT – Wonking Out: International Money Madness Strikes Again